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Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Equity-to-Asset

: 0.97 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alliancebernstein Glb High Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $907.7 Mil. Alliancebernstein Glb High Fund's Total Assets for the quarter that ended in Sep. 2023 was $932.3 Mil. Therefore, Alliancebernstein Glb High Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.97.

The historical rank and industry rank for Alliancebernstein Glb High Fund's Equity-to-Asset or its related term are showing as below:

AWF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.95   Max: 0.98
Current: 0.97

During the past 6 years, the highest Equity to Asset Ratio of Alliancebernstein Glb High Fund was 0.98. The lowest was 0.91. And the median was 0.95.

AWF's Equity-to-Asset is ranked better than
76.06% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs AWF: 0.97

Alliancebernstein Glb High Fund Equity-to-Asset Historical Data

The historical data trend for Alliancebernstein Glb High Fund's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliancebernstein Glb High Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Premium Member Only 0.96 0.95 0.95 0.97 0.98

Alliancebernstein Glb High Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.97 0.94 0.98 0.97

Competitive Comparison

For the Asset Management subindustry, Alliancebernstein Glb High Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliancebernstein Glb High Fund Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Alliancebernstein Glb High Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alliancebernstein Glb High Fund's Equity-to-Asset falls into.



Alliancebernstein Glb High Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Alliancebernstein Glb High Fund's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=910.949/930.148
=0.98

Alliancebernstein Glb High Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=907.693/932.272
=0.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alliancebernstein Glb High Fund  (NYSE:AWF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Alliancebernstein Glb High Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Alliancebernstein Glb High Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Alliancebernstein Glb High Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its primary investment objective is to seek high current income, and secondarily, capital appreciation. The fund invests in the debt securities, including Sovereign Debt Obligations and corporate debt, denominated in non-U.S. currencies as well as in the U.S. Dollar. It may invest without limit in emerging and developed markets and debt securities of U.S. and non-U.S. corporate issuers.
Executives
Gershon M Distenfeld officer: Vice President C/O ALLIANCE CAPITAL MANAGEMENT CORP., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Walsh Smith officer: VP & Portfolio Manager 501 COMMERCE STREET, NASHVILLE TN 37203
Fahd Malik officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Christian Diclementi officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant other: Director of Fund's Adviser 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Todd Walthall other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein other: Pres, CEO & Dir, Fund's Advsr C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Onur Erzan director, officer: President & CEO C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jeanette W Loeb director 895 PARK AVENUE, NEW YORK NY 10075
Ali Dibadj other: CFO of Fund's Adviser C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Karl Sprules other: Head GTO of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Bertram L Scott other: Director of Fund's Adviser C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Douglas J Peebles officer: Portfolio Manager C/O ALLIANCE CAPITAL MANAGEMENT COR, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105